Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) Sees Large Decrease in Short Interest

Invesco S&P SmallCap Industrials ETF (NASDAQ:PSCI) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 3,100 shares, a decline of 54.4% from the February 13th total of 6,800 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

Invesco S&P SmallCap Industrials ETF Stock Performance

NASDAQ:PSCI opened at $121.60 on Friday. Invesco S&P SmallCap Industrials ETF has a one year low of $117.43 and a one year high of $150.72. The firm has a market cap of $193.35 million, a P/E ratio of 22.64 and a beta of 1.24. The firm has a 50-day simple moving average of $134.32 and a 200-day simple moving average of $135.08.

Invesco S&P SmallCap Industrials ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.2373 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Stifel Financial Corp grew its position in shares of Invesco S&P SmallCap Industrials ETF by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 8,812 shares of the company’s stock worth $1,166,000 after buying an additional 117 shares during the last quarter. Jones Financial Companies Lllp grew its position in shares of Invesco S&P SmallCap Industrials ETF by 542.5% in the 4th quarter. Jones Financial Companies Lllp now owns 257 shares of the company’s stock worth $35,000 after buying an additional 217 shares during the last quarter. Stratos Wealth Partners LTD. grew its position in shares of Invesco S&P SmallCap Industrials ETF by 20.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 2,384 shares of the company’s stock worth $320,000 after buying an additional 405 shares during the last quarter. Avion Wealth purchased a new position in shares of Invesco S&P SmallCap Industrials ETF in the 4th quarter worth approximately $67,000. Finally, Bogart Wealth LLC grew its position in shares of Invesco S&P SmallCap Industrials ETF by 4.1% in the 4th quarter. Bogart Wealth LLC now owns 17,179 shares of the company’s stock worth $2,308,000 after buying an additional 676 shares during the last quarter.

About Invesco S&P SmallCap Industrials ETF

PowerShares S&P SmallCap Industrials Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Industrials Index (the Underlying Index). The Underlying Index consists of common stocks of the United States industrial companies.